Eurozone grows twice as fast as expected as Germany dodges recession October 30, 2024 New 'flash' figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter.
Contraction confirmed for German economy with no recovery in sight August 27, 2024 The growth slowdown was led by a sharp fall in investment, which fell by more than 2.0 per cent in the quarter.
UK economy still Europe’s ‘bright spot’ after latest PMI surveys August 23, 2024 The latest 'flash' purchasing managers' index (PMIs), released yesterday by S&P, showed that the UK maintained its advantage over rivals on the continent in August.
Eurozone inflation rises unexpectedly but September rate cut still on July 31, 2024 Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.
ECB leaves rates unchanged but investors left guessing on next steps July 18, 2024 The ECB voted to leave interest rates on hold.
ECB to dominate focus for traders in busy week of UK data July 15, 2024 "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.
Eurozone inflation edges lower in June as food and energy prices ease July 2, 2024 The ECB cut interest rates for the first time in five years last month.
ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation June 6, 2024 A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.
ECB poised to cut interest rates in divergence from Fed and Bank of England May 27, 2024 The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next week, with two key officials saying it is time to lower borrowing costs.
Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates May 15, 2024 The European Commission released its latest round of forecasts today.